Loungers (LON:LGRS) Trading 0.3% Higher – Should You Buy?

Loungers plc (LON:LGRSGet Free Report) was up 0.3% on Friday . The stock traded as high as GBX 308 ($3.87) and last traded at GBX 305.02 ($3.83). Approximately 229,343 shares were traded during trading, an increase of 59% from the average daily volume of 144,476 shares. The stock had previously closed at GBX 304 ($3.82).

Loungers Stock Performance

The stock has a fifty day simple moving average of GBX 265.77 and a two-hundred day simple moving average of GBX 272.63. The company has a debt-to-equity ratio of 109.36, a quick ratio of 0.44 and a current ratio of 0.26. The stock has a market cap of £316.92 million, a price-to-earnings ratio of 3,389.13, a P/E/G ratio of 0.99 and a beta of 1.56.

About Loungers

(Get Free Report)

Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.

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